SPY330.30+3.33 1.02%
DIA272.81+1.37 0.50%
IXIC10,963.64+184.84 1.71%

Dycom Industries: Q1 Earnings Insights

Shares of Dycom Industries (NYSE:DY) rose 1.8% in pre-market trading after the company reported Q1 results. Quarterly Results Earnings per share decreased 32.08% over the past year to $0.36, which beat the estimate of ($0.04).

Benzinga · 05/19/2020 11:06

Shares of Dycom Industries (NYSE:DY) rose 1.8% in pre-market trading after the company reported Q1 results.

Quarterly Results

Earnings per share decreased 32.08% over the past year to $0.36, which beat the estimate of ($0.04).

Revenue of $814,322,000 declined by 2.33% from the same period last year, which beat the estimate of $746,640,000.

Looking Ahead

Earnings guidance hasn't been issued by the company for now.

Dycom Industries hasn't issued any revenue guidance for the time being.

Details Of The Call

Date: May 19, 2020

Time: 09:00 AM

ET Webcast URL: https://www.webcaster4.com/Webcast/Page/1014/34805

Recent Stock Performance

52-week high: $60.55

Company's 52-week low was at $12.24

Price action over last quarter: Up 0.06%

Company Description

Dycom Industries Inc provides contracting services in the United States and Canada. It offers program management, engineering, construction, maintenance, and installation services for telecommunications providers and utilities. Engineering services include the design of aerial, underground, and buried telecommunications systems that extend from telephone companies to end-users' homes or businesses. Dycom Industries utilizes copper, coaxial cables, and other materials, and constructs trenches and structures to place the cables or improve distribution lines to consumers. In addition, the company provides tower construction, antenna installation, and other equipment for wireless carriers and television system operators. The majority of sales derive from the United States.